GERMANY

Bank investigates
money laundering

FRANKFURT - Commerz-
bank said Monday that five current and former employees, including a senior manager who quit last week, were under investigation over allegations of money-laundering assets from the former Soviet Union.

INDIA

Offer made to buy
Canadian company

NEW DELHI - India's leading provider of international calls and Internet services, Videsh Sanchar Nigam Ltd., or VSNL, said Monday it has offered to buy global voice and data service provider